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SHLS Stock Chart & Stats
$7.16
-$0.17(-2.72%)
At close: 4:00 PM EST
$7.16
-$0.17(-2.72%)
Day’s Range― - ―
52-Week Range$3.99 - $13.18
Previous CloseN/A
Volume984.88K
Average Volume (3M)5.77M
Market Cap
$1.66B
Enterprise Value$1.80B
Total Cash (Recent Filing)$1.88M
Total Debt (Recent Filing)$219.55M
Price to Earnings (P/E)49.5
Beta0.91
Next Earnings
Aug 11, 2026EPS Estimate
0.1Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.20
Shares Outstanding167,771,820
10 Day Avg. Volume5,807,784
30 Day Avg. Volume5,765,521
Financial Highlights & Ratios
PEG Ratio0.99
Price to Book (P/B)2.37
Price to Sales (P/S)2.99
P/FCF Ratio-88.99
Enterprise Value/Market Cap1.08
Enterprise Value/Revenue3.36
Enterprise Value/Gross Profit10.04
Enterprise Value/Ebitda25.91
Forecast
1Y Price Target
$10.73Price Target Upside49.87% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
EPS Forecast (FY)0.41
Revenue Forecast (FY)$622.24M
Bulls Say, Bears Say
Bulls Say
Record Backlog And Strong Demand VisibilityA $758M record backlog with ~$627.6M deliverable in the next four quarters provides multi-quarter revenue visibility, smoothing project-driven revenue swings and supporting durable production planning, supplier commitments, and near-term cash conversion as projects are fulfilled.
Rapid Top-line Growth And Upgraded GuidanceSustained high single- to double-digit revenue growth and a management-led guidance raise reflect durable market share gains in utility-scale solar. Higher volumes support operating leverage, strengthen strategic OEM and international pipelines, and underpin medium-term margin recovery potential.
Enhanced Liquidity And Covenant FlexibilityThe incremental $50M tranche and relaxed covenant structure materially improve near-term liquidity and optionality, reducing refinancing risk while enabling inventory builds, facility investments, or targeted M&A that support scale and competitive positioning across projects.
Bears Say
Negative Operating And Free Cash Flow (TTM)Negative TTM operating and free cash flow despite positive GAAP profits signals weak cash conversion from operations, increasing dependence on external financing to fund inventory and growth. This elevates liquidity and execution risk if working capital or capex needs persist.
Rising Net Debt And Very Low Cash On HandVery low cash balances combined with materially higher net debt reduce financial flexibility, limiting the firm's ability to absorb operational setbacks or fund inventory-driven growth without drawing on revolver capacity or issuing more debt, pressuring liquidity metrics.
Margin Compression From Tariffs, Freight, And DisruptionsStructural cost pressures—tariffs, freight, and facility-move inefficiencies—have compressed margins and reduce operating leverage benefits from revenue growth. Persistent logistics or tariff exposure could keep margins below peers until cost pass-through or mix normalizes.
Shoals Technologies Group News
SHLS FAQ
What was Shoals Technologies Group, Inc.’s price range in the past 12 months?
Shoals Technologies Group, Inc. lowest stock price was $3.99 and its highest was $13.18 in the past 12 months.
What is Shoals Technologies Group, Inc.’s market cap?
Shoals Technologies Group, Inc.’s market cap is $1.66B.
When is Shoals Technologies Group, Inc.’s upcoming earnings report date?
Shoals Technologies Group, Inc.’s upcoming earnings report date is Aug 11, 2026 which is in 40 days.
How were Shoals Technologies Group, Inc.’s earnings last quarter?
Shoals Technologies Group, Inc. released its earnings results on May 05, 2026. The company reported $0.07 earnings per share for the quarter, beating the consensus estimate of $0.062 by $0.008.
Is Shoals Technologies Group, Inc. overvalued?
According to Wall Street analysts Shoals Technologies Group, Inc.’s price is currently Undervalued.
Does Shoals Technologies Group, Inc. pay dividends?
Shoals Technologies Group, Inc. does not currently pay dividends.
What is Shoals Technologies Group, Inc.’s EPS estimate?
Shoals Technologies Group, Inc.’s EPS estimate is 0.1.
How many shares outstanding does Shoals Technologies Group, Inc. have?
Shoals Technologies Group, Inc. has 167,771,820 shares outstanding.
What happened to Shoals Technologies Group, Inc.’s price movement after its last earnings report?
Shoals Technologies Group, Inc. reported an EPS of $0.07 in its last earnings report, beating expectations of $0.062. Following the earnings report the stock price went down -1.693%.
Which hedge fund is a major shareholder of Shoals Technologies Group, Inc.?
Currently, no hedge funds are holding shares in SHLS
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Shoals Technologies Group Stock Smart Score
Neutral
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$10.73 (49.87% Upside)
$10.73 (49.87% Upside)
Blogger Sentiment
Bullish
SHLS Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 1.5M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $565.8K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 0.5%
Last 30 Days ▲ 2.7%
Last 30 Days ▲ 2.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
132.94%
12-Months-Change
Fundamentals
Return on Equity
5.67%
Trailing 12-Months
Asset Growth
30.75%
Trailing 12-Months
Company Description
Shoals Technologies Group, Inc.
Shoals Technologies Group, Inc. provides Electrical Balance of System (EBOS) solutions designed for solar power projects throughout the United States. The company manufactures a wide array of EBOS components, including various cable assemblies, inline fuses, combiners, disconnects, recombiners, wireless monitoring systems, junction boxes, specialized transition enclosures, splice boxes, wire management solutions, and IV curve benchmarking devices. Additionally, Shoals offers EV Charging solutions for both public and fleet electric vehicle charging infrastructure, alongside its core EBOS systems. Its primary customers are engineering, procurement, and construction (EPC) firms responsible for developing solar energy installations and deploying electric vehicle charging stations. Shoals Technologies Group, Inc. was founded in 1996 and maintains its headquarters in Portland, Tennessee.
SHLS Company Deck
SHLS Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call was broadly positive: Shoals reported exceptional top-line growth (Q1 revenue +75% YoY), record backlog ($758M), strong adjusted EBITDA and adjusted net income expansion, and raised full-year guidance. These operational wins are balanced by near-term margin pressure driven by product mix, tariffs, freight, temporary labor inefficiencies related to a major facility move, elevated legal expenses, and a deliberate inventory build that consumed cash. Management expects margins to trough in Q1 and improve sequentially through the year, with the raised guidance reflecting confidence in demand and execution despite transitory headwinds.View all SHLS earnings summariesSHLS Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
$10.73
▲(49.87% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
Ownership Overview
1.96% Insiders
26.78% Mutual Funds
24.87% Other Institutional Investors
16.07% Public Companies and
Individual Investors












